Intermediate notions of rationality for simple allocation problems

Koçaş, Osman Yavuz (2010) Intermediate notions of rationality for simple allocation problems. [Thesis]

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Abstract

In this study, we interpret solution rules on a class of simple allocation problems as data on the choices of a policy-maker. We analyze conditions under which the policy maker's choices are (i) rational on a partition (ii) transitiverational on a partition. In addition we introduce two new rationaltiy notions: (i) Constant Proportion rationality,(ii) Constant Distance Rationality. Our main results are as follows: (i) if the elements of a partition is closed under coordinate-wise minimum or coordinate-wise maximum operatation, then a well known property in the literature, contraction independence (a.k.a. IIA) is equivalent to rationality on that partition; (ii) if the characteristics vectors falling into the same element of a partition is ordered Weak Axiom of Revealed Preferences (WARP) is equivalent to transitive rationality.
Item Type: Thesis
Uncontrolled Keywords: Partition. -- Rational. -- Contraction independence. -- Weak axiom of revealed preferences. -- Strong axiom of revealed preferences. -- Allocation. -- Allocation rules. -- Rationality. -- Revealed preference teory. -- Bölümleme. -- Rasyonel. -- Daralmadan bağımsızlık. -- Açığa çıkan tercihlerin zayıf aksiyomu. -- Açığa çıkan tercihlerin güçlü aksiyomu. -- Tahsis. -- Tahsisat kuralları. -- Rasyonellik. -- Açığa çıkan tercihler teorisi.
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Arts and Social Sciences > Academic programs > Economics
Faculty of Arts and Social Sciences
Depositing User: IC-Cataloging
Date Deposited: 17 Apr 2014 10:50
Last Modified: 26 Apr 2022 09:59
URI: https://research.sabanciuniv.edu/id/eprint/24141

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